A company can ________ an SBU by selling it or phasing it out and using the resources elsewhere
A) divest
B) promote
C) expand
D) harvest
E) hold
A
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The process of decreasing the time and resources required by an activity is known as:
A) activity reduction B) activity sharing C) activity elimination D) activity selection
EFG Company experienced a reduced demand for its products during a recession. EFG managers were considering laying off some workers when the personnel director said, "Let's not lay off these workers
If we do, our unemployment insurance premiums will increase. The state considers employment stability when determining our premium." Considering the firm's employment record when determining the rate to charge for unemployment insurance is called A) experience rating. B) class rating. C) schedule rating. D) retrospective rating.
The management of Woznick Corporation has been concerned for some time with the financial performance of its product V86O and has considered discontinuing it on several occasions. Data from the company's accounting system for this product for last year appear below:Sales$150,000Variable expenses$72,000Fixed manufacturing expenses$50,000Fixed selling and administrative expenses$33,000In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has revealed that $30,000 of the fixed manufacturing expenses and $13,000 of the fixed selling and administrative expenses are avoidable if product V86O is discontinued.What would be the financial advantage (disadvantage) from dropping product V86O?
A. ($5,000) B. $35,000 C. $5,000 D. ($35,000)
Which activities do production and materials management components perform?
A. Track employee information including payroll, benefits, compensation, performance assessment and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities. B. Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting and quality control. C. Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting and asset management. D. None of the above.